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None. Every flat tax proposal is - relatively speaking - a tax cut for the wealthy at the expense of the not-wealthy.
That is not popular enough to ever get passed.
The rates were flat and had no deductions, exemptions or credits, tovarich.....That there were several rate scales -which, incidentally, only applied to those making very high incomes- doesn't change the fact.Flat taxes don't have brackets.
The rates were flat and had no deductions, exemptions or credits, tovarich.....That there were several rate scales -which, incidentally, only applied to those making very high incomes- doesn't change the fact.Flat taxes don't have brackets.
The original income tax was a flat tax*.
*Meaning no deductions, credits or exemptions for anyone...There were 7 brackets.
The Tax Foundation - U.S. Federal Individual Income Tax Rates History, 1913-2011 (Nominal and Inflation-Adjusted Brackets)
Turns out that all the social engineers and tinkerers just cant resist fudging the code to reward "correct" behavior and punish "incorrect" behavior, up to and including earning "too much" money.